Is Monroe, OR 97456 a buyer’s or seller’s market?

The Monroe housing market right now

In the three months ending August 31, 2026, 14% of homes in Monroe, OR 97456 sold above their list price, the typical home went under contract in 91 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (14% then), homes sold more slowly (8 days then) and the median sale price rose 14% to $559,758. Overall, Monroe is less competitive than a year ago, which gives buyers more room.

Within Benton County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 50%.

Nearby, buyers who want less competition could look at Alsea 97324 (0% sold over asking), while Corvallis 97330 (28% sold over asking) and Corvallis 97333 (20% sold over asking) are even more competitive.